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EURUSD

  • #868,641
  • Jan 8, 2014 2:38am Jan 8, 2014 2:38am
Quoting Chicky
(Only riders fall in a battle ground, and not the kids who crawl on their knees).

Let's see if she says the same soon after reporting for duty.
I love to read those like to brag and always end with the same story - they disappear.

Boring but still fun to watch lol
  • #868,642
  • Jan 8, 2014 2:38am Jan 8, 2014 2:38am
Quoting pawpaw1000
Trying another buy here with SL below Range on H1 EDIT: Trading with spread at 3 pips is one of the reasons retail traders don't make it! sure of it, rather fund your account with more money so you can have lower spreads?
well, it depends on how many trades you're making and the size of your stop..
Patience is a virtue...
  • #868,643
  • Jan 8, 2014 2:40am Jan 8, 2014 2:40am
Quoting hadox
{quote} well, it depends on how many trades you're making and the size of your stop..


Fair enough, trading Daily or Weekly it shouldn't hassle too much but 3 pips is still alot, x2 = 6 pips per trade?
@pawpaw1000 on Twitter
  • #868,644
  • Jan 8, 2014 2:41am Jan 8, 2014 2:41am
EURUSD- ACB noted seller moving Fiber lower
  • #868,645
  • Jan 8, 2014 2:44am Jan 8, 2014 2:44am
Quoting pawpaw1000
{quote} Fair enough, trading Daily or Weekly it shouldn't hassle too much but 3 pips is still alot, x2 = 6 pips per trade?
you don't pay the spread twice?
Patience is a virtue...
  • #868,646
  • Jan 8, 2014 2:46am Jan 8, 2014 2:46am
EURUSD- stops below 1.3590 are building
  • #868,647
  • Jan 8, 2014 2:46am Jan 8, 2014 2:46am
Quoting pawpaw1000
Trying another buy here with SL below Range on H1 EDIT: Trading with spread at 3 pips is one of the reasons retail traders don't make it! sure of it, rather fund your account with more money so you can have lower spreads?
If your a scalper 3 pip spreads are horrible but if your a trader that takes positions 3 pips is not that bad just calculate the cost to get up and go to work to make the same amount of money dont get me wrong i would love to not have a spread at all but hey we all have dreams lol
  • #868,648
  • Jan 8, 2014 2:47am Jan 8, 2014 2:47am
Quoting hadox
{quote} you don't pay the spread twice?


yes you do... When you buy and when you sell?
@pawpaw1000 on Twitter
  • #868,649
  • Jan 8, 2014 2:47am Jan 8, 2014 2:47am
Quoting CAnthonyMVE
{quote} If your a scalper 3 pip spreads are horrible but if your a trader that takes positions 3 pips is not that bad just calculate the cost to get up and go to work to make the same amount of money dont get me wrong i would love to not have a spread at all but hey we all have dreams lol

Agreed...

EDIT: Added to long here
@pawpaw1000 on Twitter
  • #868,650
  • Jan 8, 2014 2:47am Jan 8, 2014 2:47am
Quoting pawpaw1000
{quote} yes you do... When you buy and when you sell?
no no.. only 1 time..
Patience is a virtue...
  • #868,651
  • Jan 8, 2014 2:48am Jan 8, 2014 2:48am
Quoting pawpaw1000
{quote} Fair enough, trading Daily or Weekly it shouldn't hassle too much but 3 pips is still alot, x2 = 6 pips per trade?
It should not be a big deal if you are targeting 30 or more pips green per trade. Anyway all businesses have a cost of doing business....even the corner store down your street.
  • #868,652
  • Jan 8, 2014 2:50am Jan 8, 2014 2:50am
Quoting hadox
{quote} no no.. only 1 time..


When you buy you get the Ask price and when you sell you get the bid... They shave 2- 3 pips both ways
@pawpaw1000 on Twitter
  • #868,653
  • Jan 8, 2014 2:52am Jan 8, 2014 2:52am
Expectation is for further losses to 1.3524, 61.8% of 1.3295-1.3894. Daily momentum is negative, highlighting the overall bearish bias.
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  • #868,654
  • Jan 8, 2014 2:55am Jan 8, 2014 2:55am
exciting moments, watching who blinks first.
My machine says bears shall loose this one big time. Personally I disagree, but I dont trade, it does.
  • #868,655
  • Jan 8, 2014 2:56am Jan 8, 2014 2:56am
Waiting for FOMC minutes. Looking in the past we shouldn't see any significant breakout till 7 pm GMT on EURUSD
Harmonics Formations and Price Action Seeker
  • #868,656
  • Jan 8, 2014 2:58am Jan 8, 2014 2:58am
Quoting pawpaw1000
{quote} When you buy you get the Ask price and when you sell you get the bid... They shave 2- 3 pips both ways
then your spread is 6 pips not 3..
Patience is a virtue...
  • #868,657
  • Edited 3:35am Jan 8, 2014 3:01am | Edited 3:35am
UC still holding above trendline for now but I guess there will some opportunity to scalp around the 1.08 figure at some point. i did a small cheeky sell at 1.0823 looking for 30 pips.technically it is a bit premature and sometimes this won't work and it will blow through 1.0850. definitely safer doing the scalp to stop in below 1.0810 for now but my size is so small and the action is slow so it's not really a big deal, going to keep monitoring. another good reason for this trade is that it looks like the EC intraday uptrend already lost direction for now -> neutral

definitely don't sell now if you want instant pips, as i said it's still "technically premature" and wrong TZ
edit safety play is stop in on fast action or a hold below 1.0815
  • #868,658
  • Jan 8, 2014 3:08am Jan 8, 2014 3:08am
Quoting pawpaw1000
{quote} Agreed... EDIT: Added to long here

Up we go... Won't be as impatient as yesterday, left 20 pips on the table...

EDIT, SL below this last bottom
@pawpaw1000 on Twitter
  • #868,659
  • Jan 8, 2014 3:09am Jan 8, 2014 3:09am
Quoting pawpaw1000
{quote} Up we go... Won't be as impatient as yesterday, left 20 pips on the table...
TP ?
  • #868,660
  • Jan 8, 2014 3:16am Jan 8, 2014 3:16am
Quoting bonnzi
{quote} TP ?


Well, on M30 you can see the bottoms of those candles at the bottom of range have been very well protected and scaling down to even smaller TF you might see patterns.

I'm looking for top of range but 3616 and 3621 are crucial...

IF we break the bottom, I'm flat and could even turn bearish seeing as the bullish attempt was flaunted
@pawpaw1000 on Twitter
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